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on friday there was a preliminary measure of consumer sentiment from the university of michigan that showed a big drop after four months of gains. i can't help but wonder if that's because of all the coverage of the fiscal cliff and how much it plays into the news media. at this point maybe that's a sign for washington, guys, hurry up and get something done, because this really is starting to matter. >> can't emergency until maybe just recently did anyone really said, wow, am i going to get junior this gift? >> everything we talked about is how consumers were still hanging in. but it's two-thirds of the economy. >> a couple weeks ago, consumers and businesses alike weren't really investing. they were only spending exactly what they had to to sort of get themselves to the end of the year and that any longer-term investment really wasn't happening. they were putting it on hold. >> where are you on the aussie discharge? >> oh, no. >> the ones who called up and crank called -- >> well, i do believe that, you know, they had to think that they weren't going to get through. i made a prank c
on friday there was a preliminary measure of consumer sentiment from the university of michigan that showed a big drop after four months of gains. i can't help but wonder if that's because of all the coverage of the fiscal cliff and how much it plays into the news media. at this point maybe that's a sign for washington, guys, hurry up and get something done, because this really is starting to matter. >> can't emergency until maybe just recently did anyone really said, wow, am i going to...
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Dec 10, 2012
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if enacted, it would make michigan the 24th state with right-to-work laws. recent strikes at a california shipping port are over, but concerns of outsourcing persist. last week, striking workers protested that their jobs were being outsourced. employers denied sending jobs abroad. however, there is evidence that some industries are ramping up outsourcing. consulting firm the hackett group estimates since 2002, 663,000 jobs from large u.s. companies have gone abroad, mainly from industries like information technology, human resources, finance and purchasing. by 2016, the firm says another 375,000 jobs will have gone to places such as india, china, mexico and the philippines. just one day after apple reveals it will manufacture some of its products in the u.s., foxconn says it may follow suit. foxconn, apple's primary manufacturer in china, says it is considering expanding its operations in the u.s., where it currently has two factories. foxconn has seen its image suffer of late following revelations that workers are subjected to poor working conditions and ma
if enacted, it would make michigan the 24th state with right-to-work laws. recent strikes at a california shipping port are over, but concerns of outsourcing persist. last week, striking workers protested that their jobs were being outsourced. employers denied sending jobs abroad. however, there is evidence that some industries are ramping up outsourcing. consulting firm the hackett group estimates since 2002, 663,000 jobs from large u.s. companies have gone abroad, mainly from industries like...
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Dec 10, 2012
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a big union fight in michigan. michigan the home of the powerful auto unions could become a right to work state. the governor is expected to sign a new law tomorrow, right to work, michigan, 24th state. unions have been protesting and bigger demonstrations are planned. listen to this: stuart: got pretty noisy. all right, all rise, judge andrew napolitano is here. judge, welcome back. >> thank you, stuart. stuart: now i think -- if a state becomes right to work, essentially that means that a union may not force its members to contribute dues. union membership becomes voluntary. am i right? >> well i would state it slightly differently, but we end up at the same point. in a right to work state, the state does not force people to join unions. stuart: okay. >> in a nonright to work state, it is a law that you join or contribute to the unions. so if you choose not to join, your employer is required to deduct from your salary the dues for the union and remit it to the union, whether you physically join, sign up the paper
a big union fight in michigan. michigan the home of the powerful auto unions could become a right to work state. the governor is expected to sign a new law tomorrow, right to work, michigan, 24th state. unions have been protesting and bigger demonstrations are planned. listen to this: stuart: got pretty noisy. all right, all rise, judge andrew napolitano is here. judge, welcome back. >> thank you, stuart. stuart: now i think -- if a state becomes right to work, essentially that means that...
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Dec 10, 2012
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it is good to see everybody in the great state of michigan. [ cheers and applause ] >> few people i want it acknowledge. the mayor of detroit is in the house. >> tracy schultz. we've got -- >> the daimler plant. let's get on the dsk settlement. jackie at hq, what are we learning? >> a in, city judge approved a settlement in the civil case against dominique strauss-kahn. details are confidential. the accuser's lawsuit again the new york post has also been settled. we will bring you more as soon as we have it. thank you. back to you. >> thank you, jackie. >>> up next, is the apple growth story over? >> and sale fail. why does jc penney keep changing its strategy? ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. enjoy free shipping and great values sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. hav
it is good to see everybody in the great state of michigan. [ cheers and applause ] >> few people i want it acknowledge. the mayor of detroit is in the house. >> tracy schultz. we've got -- >> the daimler plant. let's get on the dsk settlement. jackie at hq, what are we learning? >> a in, city judge approved a settlement in the civil case against dominique strauss-kahn. details are confidential. the accuser's lawsuit again the new york post has also been settled. we will...
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Dec 10, 2012
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this time in michigan. that after talking with house speaker john boehner over the weekend. their firps one on one in weeks. is that why republicans are saying they would swallow higher taxes for the right deal on spending cuts? we'll talk to tom cole who is making that case in just a few minutes. >>> bmw and mercedes are looking for the best selling luxury brand in the united states. wait until you hear what your money can get you these days. you're watching cnbc. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is q rea this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> is the u.s. consumer in trouble? the front page on this morning's "wall street journal" says yes. but are holiday sales and shipping proving otherwise? courtney reag
this time in michigan. that after talking with house speaker john boehner over the weekend. their firps one on one in weeks. is that why republicans are saying they would swallow higher taxes for the right deal on spending cuts? we'll talk to tom cole who is making that case in just a few minutes. >>> bmw and mercedes are looking for the best selling luxury brand in the united states. wait until you hear what your money can get you these days. you're watching cnbc. ...so as you can...
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Dec 10, 2012
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that's what president obama will be talking about in michigan today. keeping the public pressure on. but the part for the administrator point of view, tyler, is what do they live john boehner so he can bring his troops along, entitlement, spending cuts, to tell their members we got a good deal. >> john, i find it curious to find that president spent as much time as he has on the road trying to drum up support for this deal. we just had an election all about this. why does not white house figure that these kinds of appearances are helpful when both sides positions are pretty well locked in already? >> because this president and this white house have concluded that public pressure is what will make republicans bargain with him and deal on his terms. after the private grand bargain negotiations in the summer of 2011, they concluded they weren't simply going to do it behind closed doors with republicans. president went out and campaigned. he hammered republicans beginning in the fall of 2011. he won the election and he was trying to keep the pressure on to
that's what president obama will be talking about in michigan today. keeping the public pressure on. but the part for the administrator point of view, tyler, is what do they live john boehner so he can bring his troops along, entitlement, spending cuts, to tell their members we got a good deal. >> john, i find it curious to find that president spent as much time as he has on the road trying to drum up support for this deal. we just had an election all about this. why does not white house...
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Dec 10, 2012
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the latest in michigan -- that was steve cook from the michigan education association. their website is mea.org. [ music ] >> together we can get new >> this is "the full court press: the bill press show," live on your radio and on current tv. museum benefit for victims of hurricane sandy, i booked the strongest, smartest comics i could find. my comedian friends and i will raise money to rebuild homes and lives one laugh at a time. so tune in next friday for my all star comedy special. >> together we can get new yorkers back to yelling at strangers and ignoring our friends. >> announcer: this is the "bill press show." live on your radio and current >> this is the full court press, "the bill press show," live on your radio and on current tv. >> bill: here we go 25 minutes after the hour now, monday december 10th, a member of the president's president's cabinet, labor secretary hilda solis in studio with us in the next segment. talk about the job numbers for november that came out and the economy overall, job numbers came out on friday. very important decision by the supr
the latest in michigan -- that was steve cook from the michigan education association. their website is mea.org. [ music ] >> together we can get new >> this is "the full court press: the bill press show," live on your radio and on current tv. museum benefit for victims of hurricane sandy, i booked the strongest, smartest comics i could find. my comedian friends and i will raise money to rebuild homes and lives one laugh at a time. so tune in next friday for my all star...
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Dec 10, 2012
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connell: groups of union workers expected to continue their protest against michigan becoming the nations 24th right to work state. dagen: we should point out, this just gives people the option of opting out from paying union dues. that is all that it does. the governor says he will not take on this divisive issue. low and behold, he is willing to sign it when it shows up on his desk. >> the governor did not want the kind of confrontation with unions, that, for instance, you saw in wisconsin. they put on a referendum on the november ballot saying we want to constitutionally banned the right of right to work. unions defeated the governor, one of the governor's favorite laws which is this emergency manager walt which he is trying to use to desperately save michigan cities that are desperately in trouble, including detroit. connell: he was forced, in your view. he maybe it would not have done it if it was not for that. >> the emergency managers law. connell: the idea that he is in support of it. [talking over each other] connell: is the union movement, you know, is it over, is the tide turni
connell: groups of union workers expected to continue their protest against michigan becoming the nations 24th right to work state. dagen: we should point out, this just gives people the option of opting out from paying union dues. that is all that it does. the governor says he will not take on this divisive issue. low and behold, he is willing to sign it when it shows up on his desk. >> the governor did not want the kind of confrontation with unions, that, for instance, you saw in...
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david: president obama visiting a michigan auto plants today discussed in a fiscal crisis. our next guest argues in the long run they could see strong auto sales if ther there's no d% all. joining us now, edmunds.com chief economist. good to see you. how would we be better off if we go for the fiscal cliff at least in auto sales? @> we're better off because we're taking hard medicine now. do we want pay now and better later, or suffer now and not be better off later. lots of fixing to do. if we get a stronger growth path for taking more heart medicine now, that bodes well for the entire economy including auto sales. david: your bi are basically wht a compromise compromise will not solve anything. right? >> or worse, some that just extends the uncertainty. eventually compromise anything. no compromise at all because that is what is killing us right now, we're just played with this vast amount of uncertainty. business is almost paralyzed afraid to move forward with hiring, investing and is paralyzing the whole economy really been abll to move forward. david: how many folks ar
david: president obama visiting a michigan auto plants today discussed in a fiscal crisis. our next guest argues in the long run they could see strong auto sales if ther there's no d% all. joining us now, edmunds.com chief economist. good to see you. how would we be better off if we go for the fiscal cliff at least in auto sales? @> we're better off because we're taking hard medicine now. do we want pay now and better later, or suffer now and not be better off later. lots of fixing to do. if...
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. >>> in about an hour from now, president obama flies to michigan to seek support from automakers to get help to avoid thefully. he will be touring a suburb of detroit. it's all part of the rally to rally popular support to raise taxes on the 2% of the wealthiest americans. now, he did meet with house speaker john boehner. the new view some republicans are address. >>> a smoke-free disclosure is expected to pass a key hurdle today. under the proposal landlords would have to tell perspective lenders if the building is smoke-free or optional. a meeting takes place at 1:00. if passed, the ordinance moves on to the full board. >> religious leaders are scheduled to hold a meeting tonight to protect funding for the job center. funding for the west oakland job resource center has come into question amid controversy over plans to put up aloom nateed billboards -- illuminated billboards. those boards were to bring in hundreds of thousands of dollars annually to help with the center. >>> you can expect periodic lane closures near the toll plaza on the bay bridge from 10:00 p.m. to 5:00 a.m. ov
. >>> in about an hour from now, president obama flies to michigan to seek support from automakers to get help to avoid thefully. he will be touring a suburb of detroit. it's all part of the rally to rally popular support to raise taxes on the 2% of the wealthiest americans. now, he did meet with house speaker john boehner. the new view some republicans are address. >>> a smoke-free disclosure is expected to pass a key hurdle today. under the proposal landlords would have to...
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. >> so consumer electronics, plastics, fabricated metals -- >> the president's in michigan today with extension from daimler. >> no, that's right. ironically michigan might vote to become a right-to-work state which could help their manufacturing competitiveness, as well. but thatroceeen going on for 20 years. now, look, we think we probably need to cut the corporate tax rate and have a territoriality agreement so we stop trying to tax profits of u.s. domiciled countries twice. but if we can do those things we think manufacturing will start coming back. it's not going to really happen in a major way in '13. but you know, '14, '15, these benefits will start to accrue to the economy and if it looks like there's a real strong case for a pickup in earnings growth, in '14, then the market will start to price that in the backup of '13. >> we spend so much time talking about what's going to happen in washington over the next 20 days. it's nice to actually have a conversation about what will happen in the next twelve months. brarry, thank you so much. >> i had to force myself to do it. >> bar
. >> so consumer electronics, plastics, fabricated metals -- >> the president's in michigan today with extension from daimler. >> no, that's right. ironically michigan might vote to become a right-to-work state which could help their manufacturing competitiveness, as well. but thatroceeen going on for 20 years. now, look, we think we probably need to cut the corporate tax rate and have a territoriality agreement so we stop trying to tax profits of u.s. domiciled countries...